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The Coega Development Corporation (CDC) announced that the BAIC SA investment in the manufacturing facility is earmarked to be completed within the planned timeframes. However, to achieve this, the construction of the Chinese automaker’s plant will have to be accelerated.
During phase 1 of the project, managed by the CDC directly, 11 small, medium and micro enterprises (SMMEs) benefited from the BAIC SA Investment in the Coega SEZ. The other phases of the project - including construction - would be coordinated and project managed directly by the IDC and BAIC SA through their appointed company.
The 11 SMMEs cleared the 54.62 hectares of land in zone 1 of the Coega Special Economic Zone (SEZ), built the BAIC SA Plant Platform, and provided plant hire equipment.
Phase 1 entailed:
Currently, excavations are in preparation for the building of grid lines for steel structures.